Posted on July 10th, 2008 by Mike Carter
Simon Rubinsohn, RICS chief economist had this to say…
“Today’s decision by the MPC to leave base rates on hold is understandable given the ongoing concern about the inflation outlook. But the RICS still believes that the weakening economic picture, as signalled most visibly by the deterioration in both business and consumer sentiment, will justify [...]
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Posted on July 10th, 2008 by Mike Carter
Just as expected, the MPC have kept interest rates at 5%.
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Posted on June 6th, 2008 by Mike Carter
Michael Coogan, director general of the Council of Mortgage Lenders had this to say…“We expected the MPC to hold rates today as it wrestles to control rising inflation in a weaker economic outlook. But clearly there are still affordability pressures on borrowers and a widespread funding shortage for lenders. We hope that as the effects [...]
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